This home is now under contract and going to settlement mid-September!

I received an email with some corrections to an earlier post on this blog that I wanted to share with you here:

Lennar was not the sole original developer. Heritage Shores was developed by Passwaters LLC which was a partnership of Brookfield Homes and Lennar. Brookfield Homes remained and assumed 100% ownership when Lennar left. Providence is the business group within Brookfield that is responsible for AA community development and building. At Heritage Shores, Providence is a builder and Passwaters LLC is the developer (Brookfield). Ryan buys finished lots from Passwaters LLC and is not a partner in the development of the community.

That clears everything up doesn’t it? For those of you thinking about buying a home at Heritage Shores, what matters most to you is that you have lots of options and we will make sure you see them all. We’ll also help you compare the pricing and understand the real story behind the fees and taxes you may see reflected in the fine print. Think of us as your Buyer’s Guide as well as your Buyer’s Agent!

What’s the best deal in a 55+ community like Heritage Shores? Is it a “to-be-built” home? Or is it one of the resale homes on the market right now?
Consider that construction began at Heritage Shores, one of Coastal Delaware’s first active adult communities, at the end of 2005, the peak of the housing market. Targeted to the retiring Baby Boomers, very few Boomers were actually retired at that time. In fact, the oldest are just beginning to retire now, if they are lucky!
Initially sales were very strong but as the market in general slowed significantly, even special communities designed to attract active adults slowed in 2007 and 2008. Lennar, the original developer and one of the first builders at Heritage Shores, made a painful decision to pull out of Delaware and concentrate on other parts of the country where they had a larger presence. Providence Homes took over where Lennar left off and brought Ryan Homes into the community.
Of the resale homes you will see in this group, many are barely used and some have never been occupied.  As sales have picked up again, some of the best deals have already sold, but there are still some great opportunities here for today’s buyers:
Homes for Sale at Heritage Shores
Is Heritage Shores for you? I have worked with both buyers and sellers at Heritage Shores since 2005 and I can help you make that decision. Whether it is going to be new construction or a resale home, we can help you either way. We are completely impartial!
There is truly something for everyone in Delaware and that’s what makes it fun to work with Baby Boomers that are thinking of relocating here.

View from the Heritage Shores Clubhouse

What are we doing this Sunday on Memorial Day Weekend? Well, I will be at Heritage Shores holding an Open House and I hope to see you there.

You’ll find me at 2 Canvasback Circle. This home is a spacious one-level contemporary with a split floor plan. It offers a large eat-in kitchen plus a dining room and large great room with a gas fireplace. Three bedrooms, two full baths and a two-car garage.

If you’re traveling to Coastal Delaware this weekend, stop in and say Hello!

Ryan Homes Model Site at Heritage Shores

Today I discovered where the new Ryan Homes models will be built at Heritage Shores in Bridgeville, Delaware. The homes you see in the background were the models for Lennar, one of the original builders at Heritage Shores. This section used to be the parking lot and the Sales Center for Lennar. This will put the new Ryan models on the main road, just before the Providence of Brookfield Homes Sales Center.

Which models will Ryan be building? I’m on it and I’ll report the news on this site as soon as I obtain reliable information. Where will the first Ryan Homes be located? I found the sites on Ruddy Duck Drive, the road on which the last Lennar homes were built before they pulled out of Delaware. These sites are well located on the golf course – very desirable locations within the community, on a quiet cul-de-sac. Buyers interested in a premium active adult community that features golf, tennis, indoor and outdoor pools, a large Community Clubhouse and every imaginable amenity now have a choice of quality resale homes, new construction from a regional builder AND production homes from a national builder. Which ones present the best value? Let’s talk and I’ll help you evaluate your options.

The rumor can now be confirmed by my camera this morning. I was at Heritage Shores meeting up with a cleaning crew for one of my client’s homes and noticed these new signs near the model home park -

Will this be a good thing for current homeowners at Heritage Shores? How about for future buyers for this popular active adult community?

Stay tuned as we report the developing story.

If you are interested in buying a new home where absolutely everything has been upgraded, elegantly designed and professionally decorated with custom paint, wallpaper and window treatments then this is the opportunity you’ve been waiting for. Why does everyone love to look at model homes? Because they’re gorgeous and we can get ideas for our own homes. Well, this is even better than that. Buy the model, get builder assistance with the closing costs and maybe even lease it back to the builder for a period of time. That would give you time to sell your house or wait til you reach retirement before you relocate.

If your idea of the perfect retirement home includes golf, socializing in a beautiful clubhouse, swimming year round, tennis, compatible neighbors and lots to do, this is the right time to take a look at Heritage Shores. I have been bringing buyers to this community since 2005 and many of my clients have become happy homeowners and just love living in Delaware’s premier active adult community.

Today, your choice of model homes for sale, inventory homes ready for immediate occupancy and better-than-new resale homes at terrific prices make this Buyer’s Market one for the ages. I know Heritage Shores and I will help you evaluate all your options and make the choice that is best for you.

Don’t delay. Call me to schedule an appointment before these homes are gone.

Low Interest Rates plus Inventory = Buyer Opportunity

The good news for buyers keeps getting better. Today we learn that the interest rate could drop even further for home buyers. The rate being discussed, as low as 4.5%, would only apply to home purchases, not refinancing an existing home. We don’t know much more than that, but we do know that the support for buyers has never been stronger.

Be prepared to take advantage of these low rates by starting the process now. Have you decided that Heritage Shores is where you want to retire? Have you zeroed in on the particular house? The next step would be to obtain mortgage pre-qualification, get together with your Buyer Agent and make an offer. Once you have a contract in place that both you and the seller are happy with, your agent and your loan officer can help you decide when to lock in an interest rate. We find that most buyers in the 55+ market are well qualified and generally obtain the best mortgage rates in any market. That rate could be somewhere between 4.5% and 5.5%, depending on your particular situation.

If you’re not sure what is currently for sale at Heritage Shores, click here for the most current information.